Buyers and Purchasing Agent Salary in Sector of Finance and Insurance

The salary statistics of buyers and purchasing agents in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare buyers and purchasing agent salaries in different industries within the finance and insurance sector.

Average Annual Salary of Buyers and Purchasing Agents

Percentile BracketAverage Annual Salary
10th Percentile Wage
$41,280
25th Percentile Wage
$53,040
50th Percentile Wage
$70,330
75th Percentile Wage
$92,800
90th Percentile Wage
$116,620

Table 1 shows the average annual salary for buyers and purchasing agents in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) buyers and purchasing agents is $116,620. The median annual salary (50th percentile) is $70,330. The average annual salary for the bottom 10 percent paid buyers and purchasing agents is $41,280.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of buyers and purchasing agents in the industry sector of finance and insurance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201670,3305.62%9.28%
201566,3803.37%-
201464,140-0.03%-
201364,1600.56%-
201263,800--

Compare Buyers and Purchasing Agent Salary in Different Industries within the Finance and Insurance Sector

The average salaries of buyers and purchasing agents in 18 industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for buyers and purchasing agent occupations is the monetary authorities-central bank industry with an annual salary $82,390. The lowest paying industry is the other nondepository credit intermediation industry (annual salary $56,260). For detailed buyers and purchasing agent salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Monetary Authorities-Central Bank
$82,390
Monetary Authorities-Central Bank
$82,390
Direct Insurance (except Life, Health, and Medical) Carriers
$74,450
Other Financial Investment Activities
$73,090
Insurance Carriers
$72,680
Depository Credit Intermediation
$72,030
Insurance Agencies and Brokerages
$70,220
Activities Related to Credit Intermediation
$69,870
Credit Intermediation and Related Activities
$69,670
Insurance Carriers and Related Activities
$67,820
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$66,540
Insurance and Employee Benefit Funds
$65,950
Nondepository Credit Intermediation
$65,600
Agencies, Brokerages, and Other Insurance Related Activities
$64,650
Funds, Trusts, and Other Financial Vehicles
$62,760
Other Insurance Related Activities
$59,610
Securities and Commodity Contracts Intermediation and Brokerage
$57,970
Other Nondepository Credit Intermediation
$56,260

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].



Related:

Highest paying industries for buyers and purchasing agents.